Business Standard

Franchiseindia.com Limited - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Franchiseindia.com Limited News

    Franchiseindia.com Limited IPO Details

    Initial public issue of upto 24,60,000 equity shares of face value of Rs. 10/- each of Franchiseindia.com Limited (FIL or the Company or the Issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the Issue Price) aggregating to Rs. [*] crores (The Issue), of which 1,23,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The public issue less the market maker reservation portion i.e. net issue of 23,36,400 equity shares of face value of Rs. 10/- each at a issue price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the Net Issue. The public issue and the net issue will constitute [*]% and [*]% respectively of the post issue paid up equity share capital of the company. The face value of its equity shares is Rs. 10/- each. the issue price is [*] times the face value of the equity shares.The price band and the minimum bid lot will be decided by the company.

    Objective of issue

    Unidentified Acquisitions in India. Investment in Technology Infrastructure Development. Capital exp in requirements for the purchase of laptops/server/printers and other equipment. Expenditure for intellectual properties development (Power Point Slides/Presentation Decks/Creatives. Expenditure for expansion office premises. General corporate purposes.

    Franchiseindia.com Limited Contact Details

    Franchiseindia.com Limited, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - compliance@franchiseindia.com

    Website - www.franchiseindia.com